501 H Street NE (map) is back up for sale as developer Jair Lynch has decided not to move forward with previous plans for the building. ANC 6C Commissioner Tony Goodman tweeted the news on Wednesday morning and confirmed to UrbanTurf that H Street Development Corporation, which owns the building, is re-listing the property for sale.
In December, UrbanTurf reported that Jair Lynch was planning on creating a 48-unit residential project with ground floor retail at the site. A call to the developer looking into the reason for the change in plans was not immediately returned.
The property is located between two sizable projects. One block to the west is 360˚ H Street, a 215-unit apartment building with a long-awaited Giant Supermarket, that recently started leasing. And a 240-unit apartment project on the 600 block of H Street, also from Jair Lynch, is expected to start construction this year.
I'm guessing the project fell through since Jair Lynch is bankrupt...
ReplyDeletehe was just tryna hype the site and bail with a quick paycheck
ReplyDeletetoo bad :(
ReplyDeleteAre there any new plans for the site?
ReplyDeleteThis site will always remain a slum as long as it is owned by h streets chief slumlord, Jair Lynch
ReplyDeletewell, when a guy walks away from his pregnanat gf what do you expect?
ReplyDeleteYou guys are all just jealous! Jair Lynch is an amazing man so leave his personal life out of this!
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